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Northwest European Index (NEX)

Competing Market Demand Lifts Asian LNG Prices above European Levels

Competition from Brazil and the expected call on flexible volumes from a wave of new floating import terminals triggered a partial recovery in Asian spot prices in early March. Within east Asia, interest from independent buyers in China helped push prices back above European gas hub levels.The April East Asia Index (EAX) gained $1.006/MMBtu since […]